BOONE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
BOONE
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€552,514
2024 · €548,185+€4,329
Equity
€3.4m
2024 · €3.3m+€123,578
Cash
€941,706
2024 · €796,654+€145,052
Balance sheet total
€4.1m
2024 · €4.2m-€73,732
Largest movements
Assets
- Cash +€145,052
up €145,052 (+18.2%), from €796,654 to €941,706
mainly Net result for the year (+€552,514) and Depreciation (+€133,454)
- Stocks and contracts -€129,941
down €129,941 (-24.4%), from €533,402 to €403,461
- Tangible fixed assets -€115,051
down €115,051 (-12.4%), from €925,616 to €810,565
of which Furniture and vehicles: -€76,477
Equity and liabilities
- Reserves +€123,578
up €123,578 (+3.8%), from €3.3m to €3.4m
- Trade debts -€111,155
down €111,155 (-17.6%), from €633,019 to €521,864
- Debts after one year -€72,778
no longer reported in 2025 (was €72,778)
Income statement
- Staff costs -€26,534
down €26,534 (-6.0%), from €441,264 to €414,730
- Financial income -€19,077
down €19,077 (-32.3%), from €59,080 to €40,003
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€548,185
Gross operating margin
-€428
Staff costs
+€26,534
Depreciation
+€6,102
Other operating charges
-€789
Financial income
-€19,077
Financial charges
-€2,014
Taxes
-€6,000
Result 2025
€552,514
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€677,334
Investment
-€16,320
Financing
-€515,962
Cash 2024
€796,654
From operations (derived)
+€677,334
Net result for the year
+€552,514
Depreciation
+€133,454
Stocks and contracts
+€129,941
Receivables within one year
-€29,686
Deferred charges and accrued income
+€1,395
Trade debts
-€111,155
Tax, wage and social debts
+€4,686
Other debts
-€2,183
Accrued charges and deferred income
-€1,631
Investment (derived)
-€16,320
Investment in fixed assets (net)
-€18,403
Current investments
+€2,083
Financing
-€515,962
Debts after one year
-€72,778
Current portion of long-term debt
-€9,719
Short-term financial debts
-€4,530
Contributions, distributions and other
-€428,936
Cash 2025
€941,706
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,199,267 | €4,125,535 | -€73,732 | -1.8% |
| Fixed assets | 21/28 | €925,616 | €810,565 | -€115,051 | -12.4% |
| Tangible fixed assets | 22/27 | €925,616 | €810,565 | -€115,051 | -12.4% |
| Land and buildings | 22 | €615,464 | €577,638 | -€37,826 | -6.1% |
| Plant, machinery and equipment | 23 | €1,552 | €804 | -€748 | -48.2% |
| Furniture and vehicles | 24 | €308,600 | €232,123 | -€76,477 | -24.8% |
| Current assets | 29/58 | €3,273,651 | €3,314,970 | +€41,319 | +1.3% |
| Stocks and contracts in progress | 3 | €533,402 | €403,461 | -€129,941 | -24.4% |
| Stocks | 30/36 | €533,402 | €403,461 | -€129,941 | -24.4% |
| Amounts receivable within one year | 40/41 | €1,176,434 | €1,206,120 | +€29,686 | +2.5% |
| Trade receivables | 40 | €1,111,380 | €1,162,939 | +€51,559 | +4.6% |
| Other amounts receivable | 41 | €65,054 | €43,182 | -€21,872 | -33.6% |
| Current investments | 50/53 | €765,766 | €763,683 | -€2,083 | -0.3% |
| Cash at bank and in hand | 54/58 | €796,654 | €941,706 | +€145,052 | +18.2% |
| Deferred charges and accrued income | 490/1 | €1,395 | - | -€1,395 | |
| Total equity and liabilities | 10/49 | €4,199,267 | €4,125,535 | -€73,732 | -1.8% |
| Equity | 10/15 | €3,300,757 | €3,424,335 | +€123,578 | +3.7% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €3,251,178 | €3,374,756 | +€123,578 | +3.8% |
| Distributable reserves | 133 | €3,251,178 | €3,374,756 | +€123,578 | +3.8% |
| Amounts payable | 17/49 | €898,510 | €701,200 | -€197,310 | -22.0% |
| Amounts payable after more than one year | 17 | €72,778 | - | -€72,778 | |
| Financial debts | 170/4 | €72,778 | - | -€72,778 | |
| Amounts payable within one year | 42/48 | €820,927 | €698,026 | -€122,901 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €59,847 | €50,128 | -€9,719 | -16.2% |
| Financial debts | 43 | €27,180 | €22,650 | -€4,530 | -16.7% |
| Other loans | 439 | €27,180 | €22,650 | -€4,530 | -16.7% |
| Trade debts | 44 | €633,019 | €521,864 | -€111,155 | -17.6% |
| Suppliers | 440/4 | €633,019 | €521,864 | -€111,155 | -17.6% |
| Taxes, remuneration and social security | 45 | €97,280 | €101,966 | +€4,686 | +4.8% |
| Taxes | 450/3 | €43,784 | €56,901 | +€13,116 | +30.0% |
| Remuneration and social security | 454/9 | €53,495 | €45,065 | -€8,430 | -15.8% |
| Other amounts payable | 47/48 | €3,601 | €1,418 | -€2,183 | -60.6% |
| Accrued charges and deferred income | 492/3 | €4,805 | €3,174 | -€1,631 | -33.9% |
| Non-recurring operating income | 76A | - | €5,167 | +€5,167 | |
| Remuneration, social security and pensions | 62 | €441,264 | €414,730 | -€26,534 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,556 | €133,454 | -€6,102 | -4.4% |
| Other operating charges | 640/8 | €10,081 | €10,869 | +€789 | +7.8% |
| Gross operating margin | 9900 | €1,399,122 | €1,398,694 | -€428 | 0.0% |
| Operating profit (loss) | 9901 | €808,221 | €839,641 | +€31,419 | +3.9% |
| Financial income | 75/76B | €59,080 | €40,003 | -€19,077 | -32.3% |
| Recurring financial income | 75 | €59,080 | €40,003 | -€19,077 | -32.3% |
| Financial charges | 65/66B | €66,995 | €69,008 | +€2,014 | +3.0% |
| Recurring financial charges | 65 | €66,995 | €69,008 | +€2,014 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €800,307 | €810,635 | +€10,328 | +1.3% |
| Income taxes | 67/77 | €252,122 | €258,122 | +€6,000 | +2.4% |
| Profit (loss) for the period | 9904 | €548,185 | €552,514 | +€4,329 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €548,185 | €552,514 | +€4,329 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.